ETH long liquidation at $4,446 — short-term pressure likely
I noticed an ETH long was liquidated for $73.2K at $4,446.52.
I view this as forced selling that raises short-term volatility and pressure around that price level.
I'm reducing exposure and waiting for clearer support or a clean rebound before re-entering; traders should tighten stops and size positions accordingly.
Analysis
Recommendation
Recommendation: sell or avoid initiating new long positions until price confirms support or a decisive recovery; if trading, reduce size and use tighter risk controls.
Disclaimer
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